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June 2, 2022
Question

Advertising Expenses

  • June 2, 2022
  • 1 reply
  • 0 views

If I wanted to offer someone a complimentary service for the purposes of promotion to potential clients, would I be able to claim the fee for this service that I would have made as an advertising fee? I am self-employed in Canada and I use intuit for self employed 

    1 reply

    Employee
    June 2, 2022

    A promotion expense is a cost companies incur to market their products or services to consumers. If you had no cost there is no deduction. I don’t know Canadian tax law.